NOT LISTED FOR SALE

55 Newman Rd Lake Placid, NY 12946

Estimated Value: $310,000 - $397,000

3 Beds
1.5 Baths
1,300 Sq Ft
$270/Sq Ft Est. Value

Last Sold June 13, 2017

Last sale price $170,000 $131 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $2,086/month

Highlights

  • No HOA
  • Screened Porch
  • 1 Car Attached Garage
  • Neighborhood Views
  • Cottage
  • Landscaped

About This Home

As of June 2017

A lovely 3 bedroom split level home situated in a nice residential neighborhood close to the Lake Placid Elementary School. The kitchen opens to Dining and the Living Room and the master bedroom has a private half bath. There is a one car attached garage complete w/ laundry room and storage space. This home offers plenty of area for outdoor dining and relaxing w/ a deck on the front of the house & a screened porch that opens onto a large covered patio off the back of the house. There is a nicely landscaped front yard and a large fenced-in back yard, perfect for pets! The house woodstove needs a $2,000.00 repair hence the seller has lowered the sale price $5,000 for more than repairs needed.

Last Agent to Sell the Property

Kathleen Fountain

Adirondack Premier Properties Berkshire Hathaway HomeService License #10401274793 Listed on: 07/01/2016

Adirondack Premier Properties Berkshire Hathaway HomeService

Last Buyer's Agent

Kathleen Fountain

Adirondack Premier Properties Berkshire Hathaway HomeService License #10401274793 Listed on: 07/01/2016

Adirondack Premier Properties Berkshire Hathaway HomeService

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,909

Year Built

  • Built in 1951

Lot Details

  • 0.3 Acre Lot
  • Privacy Fence
  • Landscaped
  • Level Lot
  • Many Trees

Parking

  • 1 Car Attached Garage
  • Parking Deck
  • Driveway

Home Design

  • Cottage
  • Split Level Home
  • Vinyl Siding

Interior Spaces

  • 1,300 Sq Ft Home
  • 1.5-Story Property
  • Insulated Windows
  • Screened Porch
  • Neighborhood Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting

Utilities

  • No Cooling
  • Vented Exhaust Fan
  • Baseboard Heating
  • 200+ Amp Service
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 42.74-2-7.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,909

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3
  • Road Surface Type: Paved
  • Water Body Name: None
  • Subdivision Name: None
  • Directions: Rt 73 or Old Military to Newman Road
  • Above Grade Finished Sq Ft: 1300.0
  • Architectural Style: Cottage
  • Garage Yn: Yes
  • Unit Levels: Multi/Split, One and One Half
  • Year Built: 1951
  • Financial Details School Taxes: 1099.2
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Refrigerators: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Exhaust Fan, Microwave, Refrigerator, Washer
  • Has Basement: Full, Unfinished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 1300.0
  • Window Features: Insulated Windows
  • Appliances Dishwasher: Yes
  • Appliances:Exhaust Fan: Yes
  • Fireplace Features:None6: Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Electric Oven: Yes
  • Full Basement: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Fencing: Privacy
  • Lot Features: Few Trees, Landscaped, Level, Many Trees
  • View: Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Lighting
  • Patio And Porch Features: Covered, Enclosed, Porch, Screened
  • Roof: Asphalt
  • Lot Features:Level: Yes
  • Lot Features:Few Trees: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Exterior Features:Lighting: Yes
  • Lot Features:Many Trees: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Porch: Yes
  • Patio And Porch Features:Enclosed2: Yes
  • Patio And Porch Features:Screened: Yes
  • Window Features:Insulated Windows: Yes
  • Lot Features:Landscaped: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Deck, Driveway, Paved
  • Parking Features:Driveway: Yes
  • Parking Features:Paved2: Yes
  • Parking Features:Deck: Yes

Utilities

  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Utilities: Cable Available, Internet Available, Sewer Connected, Water Connected
  • Heating:Baseboard: Yes
  • Heating:Electric4: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Amenities:None: Yes
  • Association Fee Includes:None26: Yes

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: Lake Placid

Lot Info

  • Lot Size Sq Ft: 13068.0
  • Parcel #: 42.74-2-7.000
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1908.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2016
Closed on
Jun 13, 2017
Sold by
Mullarney Janice
Bought by
Pratt Mark
Seller's Agent
Kathleen Fountain
Adirondack Premier Properties Berkshire Hathaway HomeService
Buyer's Agent
Kathleen Fountain
Adirondack Premier Properties Berkshire Hathaway HomeService
List Price
$180,000
Sold Price
$170,000
Premium/Discount to List
-$10,000
-5.56%
Current Estimated Value
$351,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,216
Avg. Annual Appreciation
9.11%
Original Mortgage
$176,739
Outstanding Balance
$147,411
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$203,805

Purchase Details

Closed on
Nov 7, 2011
Sold by
Mullarney Janice
Bought by
Flynn Kerry
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pratt Mark $170,000 Janet Bliss
Flynn Kerry $40,000 Janet H. Bliss
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pratt Mark $176,739
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2023 08/12/23 Off Market $170,000 -- --
06/13/2017 06/13/17 Sold $170,000 -5.6% $131 / Sq Ft
07/01/2016 07/01/16 Pending -- -- --
07/01/2016 07/01/16 For Sale $180,000 -- $138 / Sq Ft
Source: Adirondack-Champlain Valley MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,603 $268,700 $87,000 $181,700
2023 $2,583 $253,000 $83,600 $169,400
2022 $2,317 $204,300 $71,000 $133,300
2021 $2,316 $182,400 $66,000 $116,400
2020 $2,321 $177,000 $48,000 $129,000
2019 $2,273 $177,000 $48,000 $129,000
2018 $2,156 $170,600 $48,000 $122,600
2017 $608 $160,500 $40,800 $119,700
2016 $604 $160,500 $40,800 $119,700
2015 -- $160,500 $40,800 $119,700
2014 -- $160,500 $40,800 $119,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 156976

APN: 154089-042-074-0002-007-000-0000